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Amazon’s Net Income Jumped 68 Percent in First Quarter

amazon.jpg announced its first quarter numbers this afternoon, confirming that the online retailer is, in fact, making a killing.

Here’s the summary, from Publisher’s Weekly: “[T]otal revenue for the company jumped 46 percent in the first quarter to $7.13 billion, and net income rose 68 percent to $299 million. The revenue gain was driven by the electronics and general merchandise segment, home to the Kindle, where sales jumped 72 percent to $3.5 billion.

Sales of books and e-books rose by 26 percent, and the Kindle continues to be the biggest selling item.

Good for Amazon. Tomorrow, we’ll check back with a report on how Amazon is using its profits to help underwrite various small publishers and organizations.

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Lauren Berger Writes New Book for Young People Entering "Real World"

Lauren Berger Welcome to the Real WorldCareer Expert, Lauren Berger, releases her second book, Welcome to the Real World: Finding Your Place, Perfecting Your Work, and Turning Your Job Into Your Dream Career (Harper Business), on April 22nd. In this book, Berger shares everything she wishes someone told her after graduation. Her book is the essential guide to anyone starting their first, second, or third job. She encourages readers to be fearless, step outside of their comfort zones, and go after what they want.